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This article will help you navigate the process of becoming licensed as a real estate agent in North Carolina. Quotes and phone numbers have been collected from various online sources that might be helpful to some readers, but please consult your local state for more specific information about licensing or making inquiries before following any advice given here.
The “north carolina real estate license online” is a process that can be completed in just a few days. The first step to getting your North Carolina Real Estate License is to take the NCREA-approved course and pass the exam.
If you want to earn a real estate license and work as a provisional broker in North Carolina, you’ll need to take 75 hours of prelicensing courses. You must also file an application for a license, undergo a background check, and pass the real estate test. You’ll be able to complete the process of obtaining your North Carolina real estate license in only eight stages.
1. Comply with North Carolina’s Legal Requirements for a Real Estate License
To work as a real estate agent in North Carolina, you must be 18 years old or older, a United States citizen or legally admitted immigrant, and have a high school certificate or GED.
What if I told you that There are no reciprocity agreements in place between North Carolina and any other state. Instead, anybody with equal experience who has had an active real estate license (in the United States or Canada) in the previous three years may apply and pass just the state component of the test to earn a North Carolina real estate license. The North Carolina Real Estate Commission has referred to this new strategy as “restricted license recognition.”
North Carolina is a cooperative state when it comes to portability. This implies that out-of-state agents and brokers are permitted to do business in the state. Check out our real estate license reciprocity and portability page for more information about real estate license portability in North Carolina.
2. Complete all pre-licensing courses that are required.
If you fulfill the state’s real estate broker standards, you may begin taking your prelicensing courses. These courses are available in a physical classroom, live online, or via an authorized online real estate school. The courses vary in price from $320 to $635 and will cover the following subjects as specified by the North Carolina Real Estate Commission (NCREC):
- The fundamentals of real estate law and principles
- Taxation on real estate
- Controls on land usage
- Dangers to the environment
- Relationships and practices in the brokerage industry
- Contracts for real estate
- Finance for real estate
- Bringing a real estate deal to a successful conclusion
- Real estate appraisal
- The fundamentals of property insurance
- Laws governing fair housing
- Tenant and landlord
- Management of real estate
- Real estate is taxed at the federal level.
- The fundamental framework
- The fundamentals of real estate investing
- The law governing real estate licenses in North Carolina is as follows:
- North Carolina’s real estate commission regulations and standards for trust accounts
What if I told you that The real estate course is not required for any current member of the North Carolina Bar who is in good standing and qualifies under the real estate licensing legislation.
Many online real estate schools in North Carolina can help you prepare for the real estate test and your real estate profession. Consider the NC Real Estate School if you’re searching for a real estate company that provides virtual lessons taught by a real estate teacher. With a variety of class schedules and a low cost, it may help you get your real estate career off to a good start.
The North Carolina Real Estate School is a great place to start.
3. Conduct a background investigation
Following the completion of your prelicensing classes, you must submit a background check along with your license application. You may purchase a background check online or by mailing in a form to NCREC Criminal Record Checks.
The background check will most likely only cost $50 if you’ve resided in North Carolina for the previous seven years. However, you must submit a criminal background report for each state or nation where you’ve resided in the previous several years, which might affect the price. This background check may be ordered prior to completing the NCREC application, but it must be completed within six months of your application.
4. Fill up and submit your application for a real estate license in North Carolina.
You must submit your license application on the NCREC Portal after completing your prelicensing classes and background check. You’ll be required to fill out the following information after registering for the portal:
- Full name
- Address
- Number assigned by the Social Security Administration
- Contact information through email
- Information about the education provider, the teacher, and the course
- History of the license
- Residency locations
- previous work experience
- Make sure you’re taking the test for the first time.
- Liens or unpaid judgements, as well as criminal charges and professional license disciplinary proceedings
Make sure your background check is completed within six months of submitting your application for a North Carolina real estate license. You’ll have to pay a $100 licensing fee at the completion of the application. Within two to three days of completing your application, you’ll get an email containing a Notice of Test Eligibility, which will enable you to Make Your Exam Appointment. This Notice is valid for 180 days from the day it was issued.
What if I told you that Even if you have a criminal past, you may still apply for a real estate license. It is preferable if candidates mention their criminal background on their application, along with any essential documentation linked to the conviction, if any. Your application will be sent to the Division of Criminal Justice Information Systems and the Federal Bureau of Investigation when you submit your fingerprints. Each application will be evaluated on their own merits after an inquiry, based on a Character and Fitness Review.
5. Take the Real Estate Exam in North Carolina.
It’s time to take your North Carolina real estate licensing test now that you’ve received your Notice of Exam Eligibility. Because you only have 180 days to pass both the national and state components of the test, it’s ideal to schedule the exam as soon as feasible.
You must wait at least 10 days to retake the exam if you fail one or both portions. You must reapply and pay the $100 application fee as well as the $56 test price if you do not pass both portions of the exam within 180 days.
Details about the North Carolina Real Estate Exam
Make Your Exam Appointment
You must wait one business day after receiving your Notice of Test Eligibility before enrolling for the exam on the PSI website. During registration, you pay $56 to PSI and choose a test day and place that is most convenient for you. You’ll be able to take the test within seven days after registering in most situations.
Because you only have a limited amount of time to pass your North Carolina real estate test, you may want to consider taking a real estate prep course to help you pass on the first attempt.
Real Estate Test Scholar is a complete exam preparation course that gives a money-back guarantee if you don’t pass on your first attempt.
Real Estate Exam Scholars is a great place to start.
6. Decide the company you want to work for.
You must locate a sponsoring brokerage to affiliate your North Carolina real estate license in order to keep it valid. Check out our in-depth guide on choose the appropriate real estate business to work with to make your decision a little simpler.
Although North Carolina has several profitable brokerages, the top five brokerages reported for 2021 are shown here.
(Image courtesy of Real Trends 2021.)
The Cities in North Carolina with the Highest Median Sales Price in 2021
Higher commission checks correlate with higher property prices. Check out the sales statistics from Towncharts.com below to get a feel of which communities in North Carolina are bringing in the big bucks:
7. Complete your application for a real estate license in North Carolina.
You must complete your application after completing the North Carolina real estate licensing test, even if you have previously submitted it. The NCREC will evaluate your character and decide whether or not to grant you a license.
After passing your real estate test, you should get your license certificate within 10 days. Finally, you must link your license to a brokerage and activate it on the NCREC website. It might take up to 30 days for this to be completed.
8. Get Your Real Estate Career Started
You’re ready to begin your real estate career now that you’ve studied how to become a real estate agent in North Carolina. Here are some of our articles with material that is ideal for new real estate agents if you want to learn more:
The “north carolina real estate license search” is a service that allows users to search for the North Carolina Real Estate License. The process of obtaining a North Carolina Real Estate License is not difficult and can be completed in less than 3 hours.
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